Quote from: fuguebtc on Today at 04:16:41 AM

Quote from: cr1776 on July 23, 2025, 10:59:44 PM

I see things like "long term holders" defined as 6 months or something which just seems very short term. This is a good example of what a true long term is. To me it is at least 4-5 years that is "long term". I'd even go to 10 if bitcoin had been around longer.

Many people have always maintained that bitcoin is not a get rich quick investment, they do not consider it a get rich quick tool and have no intention of getting rich quick from it. But what's interesting is that many of us consider a 6 month-1 year holding period to be long term. Grin

Indeed, long-term holding is only correct when we hold for at least 4 years or more (1 cycle). Investments under 4 years cannot be considered long term investments and this is only true for crypto as crypto are generally more speculative. But for the stock market, it takes 5-10 years of holding to be considered a true long-term investor.

Bitcoin investments lasting 6 months to 1 year are not considered long term investments, as the returns won't be visible. As you mentioned, holding for at least one cycle is considered a long term investment. This is especially true for those with a stable income and able to rely on other sources of income to avoid impacting their investment funds. For lower-middle-class investors, successfully holding for even one cycle is already a remarkable achievement.